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LSEG Risk Intelligence has launched its Global Account Verification (GAV) service in Asia-Pacific and Europe, the Middle East, and Africa, expanding efforts to enhance security in cross-border payments. Originally introduced in the United States in October 2024, GAV verifies whether payee and account details match before transactions are processed, helping businesses and individuals prevent fraudulent transfers.
Cino the only real-time shared payment app that finally lets people pay together in a seamless, single transaction has raised 3.5m in Seed funding led by Balderton Capital. Connect Ventures also participated alongside leading angels, including Barney Hussey-Yeo (founder of Cleo). The funding will support Cinos launch in the UK, where it already has a growing waitlist, and continued growth across Europe.
Atome, a buy-now-pay-later provider, has partnered with OceanBase , a distributed relational database developed by Ant Group, to upgrade its database infrastructure. The move aims to improve performance, scalability, and security as Atome expands its digital financial services. To manage its increasing transaction volume, Atome will integrate OceanBase’s distributed database system.
Customers are increasingly curating their shopping experience based on their own terms. Up to 42% of shoppers in the US abandon their cart if their favorite payment method isnt available. Meanwhile, retailers that provide at least three of the most popular payment methods in any market increase their conversions by up to 30%. As an independent software vendor (ISV) or eCommerce platform, these statistics mean that you should focus on function when developing products for your clients.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Chargebacks911 , a global pioneer in chargeback prevention and management solutions, announced their official partnership with Prommt , a leading innovator in cloud-based, remote payment solutions, providing large enterprises with a comprehensive, end-to-end solution that helps to protect against chargeback fraud and misuse. Prommts innovative card and open banking payment solution has been pivotal in empowering merchants to secure remote customer payments efficiently and securely.
Fly Wing Technologies, a subsidiary of digital asset platform Matrixport , has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The approval allows Fly Wing to continue building its role as a trusted over-the-counter (OTC) desk for digital payment token services in Singapore. The license follows the in-principle approval granted in October 2024.
Older people applying for financial support through four main entitlements could have to answer 450 questions – which could take up to four hours with the help of a trained adviser – according to new research from national charity Independent Age. Long and complex application processes for financial support can be extremely difficult to complete at all without support and can take a significant number of hours if they are able to do so, Independent Age says.
Older people applying for financial support through four main entitlements could have to answer 450 questions – which could take up to four hours with the help of a trained adviser – according to new research from national charity Independent Age. Long and complex application processes for financial support can be extremely difficult to complete at all without support and can take a significant number of hours if they are able to do so, Independent Age says.
Revolut , the global fintech with over 50 million global customers and hundreds of thousands of business customers, has today announced a new payments partnership with Wizz Air , EMEA’s most environmentally sustainable airline, bringing secure, one-click checkouts to its 60+ million customers, first in-app, and coming to the website in May. With Revolut Pay, Revolut’s 10 million UK customers have access to booking flights with Wizz Air without the need to input their payment details.
G2 Travel , a service-driven wholesale tour operator offering a range of solutions for group travel globally, has improved its ability to pay hotel partners across the globe following a new partnership with cross-border payments infrastructure provider Nium. Using the virtual card payment solution provided by Nium , G2 Travel will add more local currencies to its offering and make supplier payments faster, more efficient and more secure.
NMI ® , a global leader in embedded payments infrastructure has revolutionised the ticketing experience for passengers across the UK railway network. In collaboration with a leading ticketing software provider and payment device manufacturer, NMI has modernised the payment infrastructure at more than 200 UK train stations, improving convenience for passengers and delivering secure, efficient, and streamlined payment solutions to 16 train operating companies, including Great Western Railway,
According to Statista , fintech in Latin America (LatAm) suffered in 2023, with less than $2billion invested in fintech ventures a drastic drop from 2021s value of $6billion. Nonetheless, in the face of this hardship, fintechs have still continued to emerge and find success in the region, and across 2024, investment levels surged back up over $2billion again.
Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting
Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical
VoPay , a leading provider of embedded payment solutions, is revolutionizing how engineers and product teams integrate financial technology with the launch of its API GPT Assistant. This AI-powered assistant, built on Generative Pre-trained Transformer (GPT) technology, enables developers to seamlessly integrate VoPays platform using any programming language, including Python, JavaScript, C#, PHP, and more By eliminating integration bottlenecks, theAPI GPT Assistantprovides instant, AI-driven co
Tap to Phone, the technology that turns smartphones into a point-of-sale (POS) device, has seen a 200 per cent increase across the globe in the last year, according to new stats from payments giant Visa. Visa also revealed that Tap to Phone adoption in the UK significantly exceeds the global average – with a 320 per cent growth rate. More than one in five (22 per cent) tap sellers are small businesses in the UK, highlighting how the new technology is helping to democratise access to commer
Ascenda , the industry leader in loyalty-as-a-service, today announced the appointment of Jan Wilken as Chief Product Officer. In this role, Wilken will lead the company’s loyalty ecosystem strategy to expand its customer engagement solutions and rewards propositions to drive growth for financial institutions and merchants worldwide. “Jan brings to Ascenda a powerful combination of industry expertise, strategic vision and an unparalleled track record of building highly successful loy
FinTech North , the regional UK fintech hub focused on the North of England, is teaming up with OakNorth , the digital bank servicing small business owners, to deliver enhanced support for local fintech firms. By forging a partnership with OakNorth, FinTech North aims to ensure that fintech firms get the support they need to ensure future growth and enable them to scale efficiently.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
For many small businesses, payment processing fees are a significant expense that eats into profits. Whether you run a retail store, an e-commerce business, or a service-based company, the costs of accepting credit and debit cards add up quickly. However, one small business managed to save $10,000 a year on payment processing without sacrificing customer convenience.
Joining a space group was a new venture for Moutaz Mohammad Mashhour. Exploring his journey through the sector and the growth hes experienced at Neo Space Group (NSG), we got the opportunity to sit down with Mashhour, chief HR, at LEAP 2025 in Rihyad. Moutaz Mashhour, chief HR, Neo Space Group Having originally planned to take some time away from work, Mashhour told Mark Walker , editorial director, The Fintech Times: When this opportunity presented itself, it was too good to pass over.
While the European Commission rejects Zuckerbergs assertion (stating that the European Unions laws only require the removal of illegal content), the Meta founder and CEOs willingness to make such a public statement in the first place seems to reflect a shift in the position adopted by the U.S. tech sector and one to which fraud fighters around the world ought to pay attention.
Cashmallow has partnered with Rizal Commercial Banking Corporation (RCBC) , one of the Philippines’ leading banks, to enhance cross-border remittances and enable cardless ATM withdrawals for foreign travelers in the Philippines. MallowLink , Cashmallows global API aggregator, is now integrated with RCBCs financial network, enabling travelers to withdraw cash without a physical card and allowing users worldwide to send remittances to the Philippines in real-time.
Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
Global payments company Payoneer is growing its presence in Latin America this month. The New York-based fintech has partnered with Colombian Bank Nequi, Bancolombia’s Neobank. By integrating Payoneer, Nequi will enable its users to transfer their dollars and euros from Payoneer to Nequi and receive them in Colombian pesos in a matter of minutes.
AI-driven loan origination process service provider Lama AI has won the Demo Challenge at Bank Automation Summit U.S. 2025. Lama beat out 12 other financial services technology startups that showcased their latest innovations during seven-minute demonstrations for bank and tech leaders at the March 3 event in Nashville, Tenn. The New York City-based Lama provides […] The post Lama AI wins fintech demo challenge at BAS appeared first on Bank Automation News.
London, United Kingdom, March 4th, 2025, FinanceWire Cryptocurrencies have evolved beyond speculation, emerging as critical components of modern investment strategies. As digital assets gain mainstream acceptance, Virturo , a leading CFD trading platform, is at the forefront of equipping investors with AI-driven tools and expert insights to navigate the evolving crypto landscape.
TSG (The Strawhecker Group) , a globally recognized analytics, intelligence, and solutions-focused firm in the payments industry, is excited to announce the launch of TSG Portal, a centralized platform designed to enhance how payments professionals access critical benchmarking data, insights, and reporting. Developed with a user-first approach, TSG Portal streamlines the experience for analysts, executives, and everyone in between, empowering businesses to quickly make informed, data-driven deci
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Singapore, Singapore, March 4th, 2025, FinanceWire To mark Saint Patricks season, PU Prime is launching PU Prime s Ultimate Lucky Draw promotion, giving traders the opportunity to win exclusive prizes, including an iPhone 16 Pro Max, iPad Pro, AirPods Max, and bi-weekly cash rewards. The promotion runs from 1 March to 30 April 2025. How to Participate Eligible participants can enter the Ultimate Lucky Draw by completing the following steps: Deposit and Trade A minimum deposit of $500 USD is req
Cross-border payments company, Currenxie , today announced it has been granted authorisation as an Electronic Money Institution (EMI) by the Central Bank of Ireland. This marks a significant step in Currenxie’s growth strategy as it enters the European market, with Dublin set to serve as the group’s regional headquarters. Currenxie, a fintech company founded in 2014, specialises in simplifying global payments for businesses.
New partnerships focused on common consumer transactions recently allowed the Australian buy now, pay later company to boost revenue in the U.S. market.
Vixio , a leading provider of regulatory intelligence solutions, is proud to release its global Authorised Push Payment (APP Fraud) research. As digital payments increase post-COVID and scammers implement new solutions such as artificial intelligence (AI), the report takes a look at how regulators around the world are seeking to combat fraud. APP fraud differs from unauthorised fraud, when someone steals your card to make payments, for example, in that it involves voluntarily transferring funds
Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms
In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.
Built on expert insights, this article explores how AI is transforming FinTech, from wealth management to predictive market analysis. Discover the potential, challenges, and future of AI-driven financial services while balancing efficiency, sustainability, and human expertise.
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
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